InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register
S&P 500
5,070.55
(
1.20%
)
US TECH 100
17,118.00
(
0.68%
)
Dow Jones
38,503.69
(
0.00%
)
Brent Oil
87.25
(
-0.37%
)
Bitcoin
66,634.76
(
0.34%
)
Post# of 20
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Keep Next 10 Report Keyboard Shortcuts
Next 10 Prev Next

Timothy Smith

Send PM Follow Ignore
Followers 123
Posts 7286
Boards Moderated 0
Alias Born 07/06/2012

Timothy Smith

Re: Johnnycash2013 post# 9

Tuesday, 09/22/2015 9:59:58 AM

Tuesday, September 22, 2015 9:59:58 AM

Post# of 20
Abengoa (NASDAQ:ABGB) -8.7% premarket, following a 15% descent over the previous two days, after HSBC reportedly withdrew support for the company’s planned capital increase.

HSBC retracted an agreement to back €120M of the power company’s €650M share sale last week, according to Spanish news website El Confidencial; HSBC, Banco Santander and Credit Agricole reportedly had agreed to be standby underwriters of the increase last month.

“If working capital deteriorates and the capital increase is not executed, liquidity could become tight” as soon as this year, writes BofA credit analyst Navann Ty.

Purely My Own Opinion. Do Your Own Due Diligence.

“Formula for success: rise early, work hard, strike oil.” - J. Paul Getty

Public Reply Private Reply New Post
Keep Last Read
Keep Last Read Next 10 Report Keyboard Shortcuts
Next 10 Prev Next

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up